
Spain’s Foreign Secretary Manuel Garcia Margallo admitted there is great concern in Madrid over the situation of Repsol-YPF in Argentina, which is questioning the oil corporation for not having invested sufficiently or paid sufficient taxes, and revealed that King Juan Carlos has been on the phone with President Cristina Fernandez.

Mexican tycoon Carlos Slim, who on Wednesday topped the Forbes rich list for a third consecutive year with a fortune of 69 billion dollars, invests widely as he seeks to expand his massive telecoms empire.

Argentina categorically rejected ‘false’ statements from the EU Trade spokesperson relative to a clarification request to Argentina, allegedly not replied, involving relations of the UK with Buenos Aires and also questioned the EU ‘silence’ on the Malvinas sovereignty question.

Morrissey's band performed in front of 15,000 fans in Argentina wearing “We Hate William and Kate” T-shirts, courting further controversy over his stance on the Falkland Islands.

A century after the Titanic disaster, scientists have found an unexpected culprit for the sinking: the moon. Anyone who knows history or has seen the blockbuster movies knows that the cause of the transatlantic liner's accident 100 years ago next month was that it hit an iceberg.

FIFA president Sepp Blatter sought on Tuesday to defuse a war of words between FIFA and Brazil by personally apologising for disparaging remarks made by a top official about the country's slow progress in preparing for the 2014 World Cup.

Premier Wen Jiabao said China would strengthen its military's capabilities to win “local wars under information-age conditions”, even as the government announced a steep 11.5% rise in domestic security spending to ensure stability ahead of a leadership transition.

Brazil will keep its foreign policy ‘anchor’ in South America but will review the international because of the latest global changes such as the European Union crisis and the Arab spring.

A few days after the Chilean and Argentine media ran the story that Roger Waters had said that the Malvinas Islands belonged to Argentina, the former Pink Floyd lead singer published a note on his Facebook page where he explained that a local journalist “misunderstood” him since he never made such statement.

German Chancellor Angela Merkel replied on Monday to Brazilian president Dilma Rousseff claims that Europe is involved in a “monetary tsunami” arguing that developed countries are very concerned with Brazil’s protectionist measures.Merkel and Rousseff met at Hannover where the Brazilian president was invited to open a high technology event.